Shiprocket revenue rises 24% in FY25

LOGISTICS TECH UNICORN Shiprocket’s profitability improved sharply in the financial year ended March 2025, with the company posting positive adjusted Ebitda of ₹7 crore, compared to a burn of ₹128 crore in the preceding fiscal.

- AYANTI BERA

The company’s revenue increased 24% year-on-year to ₹1,632 crore, driven by steady growth in its core shipping business and the rapid expansion of newer business lines. Core business, which includes domestic shipping and value-added tech solutions for merchants, grew more than 20% to ₹1,306 crore.

Emerging businesses, which include payments, marketing, post-purchase services, and cross-border shipping, surged 41% and now account for 20% of Shiprocket’s revenue.